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Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...
Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds
24.11.2021
Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
Polygon briefly overtakes Ethereum for active addresses after 330% surge
30.9.2021
Layer two aggregator Polygon has seen a 330% surge in active addresses over the past 3 months
Bitfinex paid a colossal $23M fee to send $100K of USDT
27.9.2021
In what is presumed as a technical error, popular crypto exchange Bitfinex have paid a seismic $23.7 million dollars in gas fee for a comparatively nominal $100K transaction
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
3.9.2021
The SOL price rally also appeared in the wake of "Ignition," a global hackathon to build new platforms on the Solana blockchain
ShibaSwap Causing Hike in Ethereum Gas Prices
12.7.2021
The high gas fees associated with Ethereum are attributed to the record growth in the DeFi transactions achieved by ShibaSwap. The protocol has recently tweeted that it has created history by having more than 1 billion dollars of the total value that has been locked on its platform in one day....
Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
29.3.2021
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform's zero-fee transactions and high-yield liquidity pools
Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
29.3.2021
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum
Ethereum's high gas fee crisis won't be solved by EIP-1559: Coin Metrics report
24.3.2021
Consistently full blocks are the primary reason that gas prices have reached all-time highs
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
5.3.2021
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled
Ethereum gas fees drop as daily DEX and DeFi volumes decline
5.3.2021
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs
Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise
1.3.2021
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai
Ethereum on track to settle $1.6 trillion this quarter
25.2.2021
Ethereum's quarterly settlement value is on course to increase by 1,280% year-over-year
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
24.2.2021
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user
Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees
23.2.2021
SushiSwap is exploring integrating with high-speed AMM, Raydium, on Solana to alleviate high gas fees
Binance Blamed for Purposely Choking Ethereum’s Network
22.2.2021
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network...
REVV motorsports ecosystem shifts to Polygon due to Ethereum gas fees
19.2.2021
F1 Delta Time will be the first title deployed on the layer-two network to alleviate the problem
Whales profit as high Ethereum gas fees sideline retail DeFi investors
7.2.2021
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales
The good news for ETH hodlers about insane gas fees
5.2.2021
Galloping gas fees are hurting the average user but Grayscale and Ethereum advocates can see the bright side